Finance

Co-financing from ZUS for entrepreneurs.  Only one month to apply

ZUS funding for entrepreneurs. Only one month to submit applications

The Social Insurance Institution has announced a competition for projects aimed at improving and maintaining the ability to work by employees of companies – throughout their professional activity. Although these are activities (understood as minor investments) that the company will initiate and implement only in 2025, applications for funding should ...

The Office of Competition and Consumer Protection is examining banks' fraud practices

UOKiK is looking into banks’ practices in the case of fraud

The Office of Competition and Consumer Protection has questioned the practices of several more banks regarding handling unauthorised transactions. The Office of Competition and Consumer Protection (UOKiK) announced that it had initiated proceedings against six additional banks regarding their method of settling accounts with consumers and their response to complaints ...

What does the increase in the value of the Polish zloty mean for Polish companies?

What does the increase in the value of the zloty mean for Polish companies?

The ongoing appreciation of the Polish currency may be burdensome for companies that do not have protection against exchange rate risk. PKO Bank Polski analysts warn that the ongoing appreciation of the złoty may be painful for companies without protection against exchange rate risk. At the same time, the bank’s ...

High increase in company insolvencies in Poland

High increase in corporate insolvencies in Poland

In the past year, corporate insolvency in Poland has increased by as much as 70 percent, but the situation is expected to normalize in the coming months. The number of insolvent companies in Poland in 2023 increased by as much as 70% – according to the Global Insolvency Report. Fortunately, ...

Reflections of the Minister of Finance on the stock market and more...

Reflections of the Minister of Finance on the Stock Exchange and More…

According to Finance Minister Andrzej Domański, which he revealed in his interview for Bloomberg, the actions of the previous government led to a situation in which minority shareholders on the Warsaw Stock Exchange were “sidelined”. As he claims, since 2017, this has resulted in a systematic outflow of companies from ...

The financial optimism of Poles is growing - Polish Economy Forum

The financial optimism of Poles is growing – Polish Economy Forum

Although prices in Poland have gone up in recent months, an increasing percentage of Poles are optimistic about the future when it comes to personal finances. Almost half of Poles assume that their personal income will increase in the near future, according to the “Consumer Signals” study by consulting firm ...

Poles do not spend money on whims

Poles do not spend money on whims

The vast majority of Poles declare that they do not spend money on unnecessary whims. Seniors are the most numerous in this group. As many as 77% of Poles declared that they try to avoid spending money on unnecessary whims, according to the report “Poles’ Own Wallet: thrifty like a ...

It will be easier for farmers to get loans

It will be easier for farmers to get loans

The government has adopted a draft law amending the Civil Code and the Consumer Credit Act, which is intended to facilitate access to credit for farmers. Prime Minister Donald Tusk wants to eliminate barriers to farm development, and the way to do this is to make it easier for farmers ...

Cash payment ban is coming - Polish Economy Forum

The ban on cash payments is coming – Polish Economy Forum

Confederation politicians stressed their concerns about restrictions on cash payments and financial surveillance, which is increasingly affecting Poles. MP Krzysztof Bosak, Deputy Speaker of the Sejm from the Confederation, drew attention to the growing difficulties associated with using online financial services and verification procedures, which increasingly restrict the financial freedom ...

The EU announces more money for small and medium-sized companies

The EU announces further funding for small and medium-sized businesses

The new financial support for small and medium-sized companies is intended to increase their level of digitalization and promote pro-ecological investments. As part of the Dig.IT project, entrepreneurs from the industry, production and services for industry sectors are to gain a new opportunity to raise the so-called level of digital ...